Profiles

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PROFILES
EDWARD P. MOXEY, JR.
By Adolph Matz The Wharton School, University of Pennsylvania (Emeritus)
Edward P. Moxey, Jr., was the first Chairman of the Accounting Department of the Wharton School. He was one of the thirty-seven accountants who met in Buffalo, New York, in October, 1919 to organize the National Association of Cost Accountants (NACA), now known as the National Association of Accountants (NAA). For the first three years of its existence he served on the National Board of Directors. He was also the prime influence in the founding of the Philadelphia Chapter of the NACA in 1920 and served as its presi-dent from 1928-1930. During the years 1929-1931 he served as chairman of the Philadelphia Chapter of the Pennsylvania Institute of Certified Public Accountants. Other memberships included the American Society of Certified Public Accountants as well as the National Panel of Arbitrators of the American Arbitration Associa-tion. As an enthusiastic golfer Dr. Moxey was a life-long member of the Cedarbrook Country Club. He was a Presbyterian and fre-quently taught the Men's Bible Class at the Mount Airy Presby-terian Church of Philadelphia.
Professor Moxey was born in Philadelphia on October 2, 1881, interestingly enough in the same year in which Joseph H. Wharton, Philadelphia businessman and ironmaker, made his first gift to the University of Pennsylvania, laying the foundation for the Accounting Department of the Wharton School. Joseph H. Wharton's agreement with the University contained the statement that "one Professor or Instructor of Accounting or Bookkeeping, to teach the simplest and most practical forms of bookkeeping for housekeepers, for private individuals, for commercial and banking firms, for manufacturing establishments, and for banks; also the modes of keeping accounts by executors, trustees, and assignees, by the officials of towns and cities, as well as by the several departments of a State or National Government; also the routine of business between a bank and a customer." Mr. Wharton's concern for good accounting would be stressed in every subsequent gift made to the University. At one time he emphasized "the necessity of system and accuracy in ac-counts, of thoroughness in whatever is undertaken, and of strict